November 7, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

We have become negative net delta:
 
BTC 3 COST 08Nov19 300 calls (COST191108C300)
STO 3 COST 15Nov19 307.5 calls (COST191115C307.5) for a debit of $3.55 (selling a diagonal)

BTO 1 COST 06Dec19 307.5 call (COST191206C307.5)
STC 1 COST 06Dec19 297.5 call (COST191206C297.5) for a credit of $6.10 (selling a vertical)

BTO 1 COST 20Dec19 305 call (COST191220C305)
STC 1 COST 20Dec19 300 call (COST191220C300) for a credit of $2.90 (selling a vertical)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry